how do you decide when to hedge?

[ebbearsfb1]

yesterday i had a big ml parlay throught the day and had cowboys last leg so i hedged with giants and it paid off..

today

ok state ml +250 when stanford was down 14-0..

i hedged in ot with standord -115 to assure myself not losing..


i had 400 in my account put 100 on ok state at plus 250

and then to assure i would at worse end at 400 i put 115 on stanford


so basically how do you decide if your going to hedge?

i almost always do to assure myself money made rather than losing


seems to me its the smart thing to do .. unless its like a minus 20000 play or something

am i wrong?

[FourLengthsClear]

Yesterday you said you had the Giants and were considering hedging with the Cowboys.

http://forum.sbrforum.com/players-talk/1486475-best-way-hedge-not-hedge.html

Unless the bet you make to hedge with has value in it's own right, you should not be hedging. It's that simple.

If you are starting a parlay with the intention of hedging the last leg, you are better off not including that last leg because you simply end up paying juice on both sides of the line (unless there is a big line movement in your favour).

[The Kraken]

It has something to do with math and expected values. But that's just in theory. Just pick winners and you won't pay vig

[LVHerbie]

Unless you like the other side if you ever feel the need to hedge out a bet you are betting too much on the original bet...

[LVHerbie]

It has something to do with math and expected values. But that's just in theory. Just pick winners and you won't pay vig

Must be nice to hit at 100% and not have to worry about such things

[JMon]

Must be nice to hit at 100% and not have to worry about such things